The Disqualification Files

In this section of the website you will discover over 2400 defaulted Bounce Back Loans, along with the Company and Directors / Sole Traders names, all of whom received some form of punishment (also revealed) as it was found each of them had abused the BBL scheme in one way or another. Grab a coffee, but please do not choke on it, as you read them, for some of the BBL associated skulduggery is quite shocking.

The Disqualification Files

What’s The Current “Going Rate” For Taking The Personal Bankruptcy Route with a Bounce Back Loan Owing? Here Are Four More Individuals Who Did That and Have Just Been Hit with Bankruptcy Restrictions Orders After Abusing the BBL Scheme

July 30, 2022

These four not so bright sparks abused the Bounce Back Loan Scheme in the manner described, and whilst bagging a total of £170,894 collectively in BBL’s, after taking the bankruptcy route to try and get off paying them back, they have been hit with the respective Bankruptcy Restrictions Order. […]

The Disqualification Files

Applying for a Bounce Back Loan Top Up From NatWest Weeks After His Business Ceased Trading and was Insolvent and Using Those Funds for Personal Benefit Lands Company Director with a 4 Year Disqualification

July 27, 2022

Bagging a Bounce Back Loan Top Up when his Company was insolvent and no longer trading and then using it for personal benefit was not the smartest move, as the Director in today’s case has just found out, as he starts his 4-year disqualification. […]

The Disqualification Files

Leaving His Company With No Assets at Liquidation Having Been Found to Have Used a TSB Bounce Back Loan for Personal Benefit Sees a Company Director Get a 6 Year Disqualification

July 26, 2022

I just know there are lots of Company Directors across the land who thought it was a clever idea to get a BBL, then take the insolvency route in the hope they could just get it written off having spent the money on themselves and not the business who are now regretting it. […]

The Disqualification Files

A Lenient 6 Year Disqualification Given Out to a Company Director Who Used Around 90% of His Company’s Clydesdale Bank Bounce Back Loan for Personal Use and Left It Owing at Liquidation

July 25, 2022

I have not seen that many Clydesdale Bank Bounce Back Loans turning sour, however I am sure there will be some working their way through the system. Here are the details of one of their BBLs that will be paid back to them by the Government Guarantee and saw a Company Director being hit with a 6-year disqualification for wrongdoing. […]